A friend asked me about this a couple of days ago, so I figured I’d put together a quick explanation.
Futures trading fees are calculated based on the notional value of the trade—the execution price multiplied by the quantity—not the margin you put up.
For frequent short-term trading, fees can add up to more than you might expect and make up a significant portion of your final returns.
Back to the market: $BTC is currently at 83420.77 (24h +0.66%).
If you have any friends who are new to the space, feel free to pass this along.
#BTC
Futures trading fees are calculated based on the notional value of the trade—the execution price multiplied by the quantity—not the margin you put up.
For frequent short-term trading, fees can add up to more than you might expect and make up a significant portion of your final returns.
Back to the market: $BTC is currently at 83420.77 (24h +0.66%).
If you have any friends who are new to the space, feel free to pass this along.
#BTC